India’s largest private shipbuilding company ABG Shipyard Limited has received orders worth over $254.1m to build bulk and anchor vessels for shipping companies based in Egypt and Cyprus. The company has received an order worth around from Cyprus La-mnalco Ltd. for delivery of production support vessel. Another Cyprus-based Precious Shipping Public Company has placed a Rs 726 crore order to build five deadweight tonne bulk carriers. ABG also secured an order worth Rs 181 crores for two anchor handling vessels from Egypt based Maridive and Oil Services SAE. (Source: The Asian Age)
Daewoo Shipbuilding & Marine Engineering Co., has won three orders worth a combined $600m to build six ships for three companies in Russia, Africa and Europe. Daewoo Shipbuilding & Marine Engineering will construct two crude oil carriers for Sovcomflot Group, Russia's largest shipping company, two tankers for a company in Liberia and two car carriers for Leif Hoegh & Co., a Norwegian shipper. The ships will be delivered to the companies by January 2011. Source:
Internatio-Mueller NV said its technology unit Imtech had won an order worth $35 million from British shipbuilder Swan Hunter. Imtech will provide technical systems for the first two of four amphibious transport ships which Swan Hunter, privately owned by Dutch millionaire Jaap Kroese, will build for the British Ministry of Defense. Negotiations are still taking place about similar orders for the two other vessels, Internatio said
Dolphin Offshore Enterprises India Ltd said it has received two orders worth $16m for its diving support vessels. One of the contracts worth $10m is to be executed within 3 months while the other from Punj Lloyd Ltd has a 2-month duration. Source: Reuters
According to a report from The Economic Times, India’s shipbuilding industry may suffer cancellations of about 15% of their total orders, worth at least Rs 3,750 crore, as a slump in international trade in the wake of the global economic crisis has taken a toll on the sector, industry experts say. Orders for about 35 ships that were to be built in shipyards around the country face cancellation, compounding woes for a sector that is already facing a financing crunch as banks stop lending
Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) has won two orders worth a total of US$640-million to build eight very large gas carriers (VLGCs) for two unidentified Asia-based firms reports Reuters. The South Korean shipbuilder said in a statement both firms had ordered four gas carriers each, all expected delivery to be completed by the second half of 2016. In related news, DSME recently issued the following listing for investors showing its 2014 orders and backlog.
According to reports, Daewoo Shipbuilding & Marine Engineering Co has secured an order worth 690m from Qatar Gas Transport Company to build three liquefied natural gas carriers. The vessels will be delivered by April 2009. The shipbuilder plans to boost its annual production capacity of LNG carriers to 15 from eight ships now by 2008. Source: Forbes
McMurdo, one of the world’s leading manufacturers of distress beacons and marine communications equipment, is to supply an order worth $800,000 of a quantity of C1 S-VDR float free capsules to electronics systems supplier Comas for integration into their Blue Ocean S-VDR systems.
Daewoo Shipbuilding and Marine Engineering Co., said it won shipbuilding orders worth a total of $520m from . Daewoo said in a filing to the Korea Exchange the orders were for two very large crude oil carriers (VLCCs) and two bulk carriers. Source: Reuters
According to a report from The Financial Express, Bangladesh has received orders worth $20m for building two small vessels and a tugboat from Middle East countries at the region's biggest shipbuilding fair in Dubai. The country's ship builders, Ananda Shipyard and Slipways, acquired the new orders at the Seatrade Middle East Maritime 2008, the largest maritime event of its kind in the region. (Source: The Financial
Scanjet Group has followed up its Tank Management order from Stolt-Nielsen with a series of contracts for its ITAMA Intelligent Tank Management concept including Tankcleaning, Tank monitoring, P/V valves and the Scanjet VRC (valve related control) system.
Samsung Heavy Industries won an order amounting to USD 440 Million for Three Arctic Shuttle Tankers from a European shipper. According to sources the order is from Russia’s state shipping firm Sovcomflot. The shuttle tankers will have a capacity of 42
ABB, the leading power and automation technology group, has won an order worth around $55 million from Dubai Electricity & Water Authority (DEWA), the leading power utility in United Arab Emirates (UAE), to build a substation that will integrate power from the Mohammed bin Rashid Al
Garden Reach Shipbuilders and Engineers Ltd (GRSE) is trying to get a toehold in the international market, eyeing orders worth $425 million to supply warships to the navies of the Philippines and Vietnam. A Kolkata-based shipyard will enter into the global warship market by bidding
Cargotec's MacGregor has secured a new IHC Merwede order for subsea cranes, and in Libya Cargotec is to supply a Turkish company with a mobile cement unloader to work ports along the coast. Subsea crane order MacGregor, part of Cargotec
ABB, the power and automation technology group, inform they have won an order worth around US$55-million to supply a submarine AC (alternating current) power cable system for a new wind farm, located off the coast of Norfolk, England. The order was received from Dudgeon Offshore Wind Limited
Power and automation technology group, ABB, informs it has won three orders worth $60 million for internal and external telecommunication systems for three Statoil projects on the Norwegian Continental Shelf. The three contracts have been signed with leading shipyards in South Korea
Daewoo Shipbuilding & Marine Engineering (DSME) has won the first battle in the war among the shipbuilders to obtain orders for vessels to participate in the Russian Arctic 'Yamal Project' by getting the world’s first order for an icebreaking LNG carrier, reports BusinessKorea.
Qatar Gas Transport Co (Nakilat) said on Tuesday that a joint venture between it and Dutch shipbuilder Damen had won orders worth 3.1 billion riyals ($850 million) to build seven vessels for the Qatari armed forces. The vessels to be built by Nakilat Damen Shipyards Qatar comprise six
National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, said orders fell by nearly a quarter in the first quarter and it expects demand for new offshore rigs to slow during the second half of the year. The company's shares fell about 7 percent.
Cargotec's MacGregor secures $50 million of orders for further high efficiency cargo handling solutions from Hyundai Heavy Industries (HHI) MacGregor, part of Cargotec, said it has received further orders, worth around $50 million, for optimized cargo handling systems from Hyundai Heavy
ABB, the leading power and automation technology group, has won an order worth about $35 million from Hydro-Québec to upgrade the 350 megawatt (MW) Madawaska high-voltage direct current (HVDC) transmission link, that connects the grids of New Brunswick and Hydro Québec in southeast
ABB, the leading power and automation technology group, has won an order worth around $30 million from DONG Energy, a leading wind power development company, to supply a high-voltage export cable system that will transmit power from the Burbo Bank Extension Offshore Wind Farm in the UK.
Four new 132-kilovolt substations and expansion of six substations to enhance transmission capacity and boost power supplies ABB has won an order worth around $30 million from Power Grid Company of Bangladesh Limited (PGCB), the country’s leading transmission utility
SCANJET Group has followed up its breakthrough Tank Management order from Stolt-Nielsen with a series of contracts for its ITAMA Intelligent Tank Management concept including Tankcleaning, Tank monitoring, P/V valves and the Scanjet VRC(valve related control) system.